That would provide $117,370 in annual income at an actually safe 3.7% withdrawal rate, and he’d still be able to stop working in his 40s. Or, he could go a little longer to end up even wealthier.

AuguStar Life recently took its latest Virtus indexed universal life product to market, a version with much-improved income potential, the insurer said. The Virtus IUL III is designed to "provide ...

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